The final hurdle all homeowners cross before they’ve finally purchase their home are closing costs. These fees typically represent a significant amount of the total purchase, and can cost between three and six percent of the mortgage. Below we’ll explain…
When it comes to financing a home or a build, there are several factors involved in the type of loan you apply for. The interest rate is a key factor, but the more important one is the down payment. A…
Building a new home, buying a new home, renovating, repairing, restoring – these generally require financing. The type of financing you can receive depends on numerous factors. Rest assured, there is a mortgage out there for every situation and person….
Mortgage rates can vary based on a variety of factors. Locating a reasonable mortgage rate isn’t as simple as picking your options and making a selection. It’s a process – one that has a lot of variables that will determine…
In the home loan industry, the two most popular loans are conventional loans and loans insured by the Federal Housing Administration (FHA). While a conventional loan requires good credit and a more substantial down payment, the opposite is true for…
